HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: News - Reading Between the Lines - It's Good!!!

Yes I came to the same conclusion and it seems to me that this is the responsible thing to do. I don't pretend to know what the rules are for such announcements but I suspect the TSX or the regulator wants more than one verification. Also did they test for all possible metals in the first analysis and are they now doing additional testing. Again the exoerts like Hoov can give us insight on this.

SN

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